AI brief of an SEC Form 8-K · Liquidity Services (LQDT)

Liquidity Services Q2 revenue rises 4% to $120.7 million; GAAP net income up 7%

Positive Impact 3 of 5 earnings Written later

Liquidity Services reported fiscal second-quarter 2026 results for the quarter ended March 31, 2026, with revenue of $120.7 million, up 4%, and GAAP net income of $7.5 million, up 7% from $7.1 million. The company also gave third-quarter fiscal 2026 guidance, with GAAP net income expected between $7.0 million and $10.0 million and GAAP diluted EPS between $0.21 and $0.30.

Key points

  • Gross merchandise volume was $389.9 million, up 6%, and revenue was $120.7 million, up 4%.
  • GAAP diluted EPS was $0.23, up from $0.22; Non-GAAP Adjusted EBITDA was $16.7 million, up from $12.2 million.
  • Cash balances were $204.0 million with zero financial debt as of the quarter end.
  • Q3 fiscal 2026 guidance: GMV of $425 million to $465 million and GAAP net income of $7.0 million to $10.0 million.

The filing

CompanyLiquidity Services (LQDT)
Form8-K, current report
Filed with the SECMay 7, 2026, 7:00 AM ET
Accession number0001193125-26-210271

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 07, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.